REI Lense

REI Lense

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$2,027 (target)

716 E Lime St, Lakeland, FL 33801

3 beds • 2 baths • 2494 sqft

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This property looks like a bad Long-Term investment with a projected -13.63% first-year return on $91,896 initial cash invested.

-13.63%

Cash On Cash

3.47%

Cap Rate

0.57

DSCR

$2,027

Rent

-$1,044

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$438k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,896

Downpayment

20%

$87,520

Closing costs

1%

$4,376

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,027

Total Expenses

$3,071

Mortgage P&I

109%

$2,208

Property Taxes

9%

$178

Home Insurance

8%

$158

HOA

0%

$0

Property Management

10%

$203

CapEx

5%

$101

Vacancy

6%

$122

Maintenance

5%

$101

Other

0%

$0

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